By means of export credit insurance against non-payment risks for China's foreign trade and investment cooperation, SINOSURE promotes Chinese exports of goods, technologies and services, especially the exporting of high-tech and high-value-added capital products such as mechanical and electrical products. In this way, the company further supports economic growth, employment, and international balance of payments. SINOSURE's main products and services include: medium and long-term export credit insurance, overseas investment insurance, short-term export credit insurance, domestic trade credit insurance, bonds & guarantees and reinsurance related to export credit insurance, accounts receivable management, and information consultation services.
Focusing on the area of credit risk management, SINOSURE has established the Country Risk Research Center and the Credit Rating Center. Its credit information database covers more than 320 million global enterprises and banks. SINOSURE also has more than 400 information channels home and abroad, whose credit reporting and recovery business cover all countries and regions and major sectors across the globe. As of the end of 2021, SINOSURE had accumulatively supported more than USD 6.16 trillion of domestic and foreign trade and investment, provided credit insurance-related services for over 240,000 enterprises, paid a total of USD 17.85 billion claims and facilitated nearly 300 banks offering more than RMB 4 trillion of financing for exporters. According to the statistics of Berne Union, since ever 2015, the total insured amount of SINOSURE has been continuously ranking top among ECA members.
SINOSURE, a policy-oriented financial institution established to meet the demands of economic globalization and the development of China’s foreign economy and trade, will closely focus on the goal of serving the national strategies. Guided by the policy and centered on customers, SINOSURE will strive to build the company into a more responsible and reliable credit risk management institution that enjoys global impacts, making greater and new contributions to China’s new round of high-level opening up.
China Export & Credit Insurance Corporation
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